Dire tanker markets have Greek owner Tsakos Energy Navigation (TEN) bracing investors for a third-quarter loss.
The Nikolas Tsakos-led outfit thought it had rode out the worst of the “economic tsunami” in the previous quarter but is now facing up to a second wave of woe.
There are, however, calmer waters on the horizon for the NYSE-listed tanker owner which has its sights trained on a full-year profit.
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